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Kenya Power profit drops 19% y/y to $188mn on higher finance costs
Nairobi-listed utility Kenya Power’s FY2025 profit fell 19% to KES24.5bn ($188mn) as forex-related finance costs surged, despite higher electricity sales and efficiency gains.
Benin and Togo owe Nigeria $8.5mn for power exported in Q2 — NERC report
The Nigerian Electricity Regulatory Commission (NERC) warns non-payment by Benin’s SBEE and Togo’s CEET threatens liquidity for Nigerian generators and highlights payment risks within the West African Power Pool.
Nigeria’s DisCos improve revenue collection to 76% in Q2 2025 — CSL Research
Nigeria’s electricity distributors improved their collection efficiency to 76.07% in Q2 2025, up from 74.39% in Q1. Gains stemmed from prepaid metering and stronger billing discipline, though sector losses remain well above tariff benchmarks.
Mainstream Energy and Granville sign deal for 100MW floating solar project in Nigeria
Mainstream Energy Solutions and Granville Energy have signed an agreement to design, build, finance, and operate a 100MW floating solar power plant at Nigeria’s Kainji hydropower station, with plans to scale up to 1GW
Nigeria launches first phase of Siemens-backed power expansion
Nigeria will begin the first phase of the Siemens-supported Presidential Power Initiative to add 7,000MW to the national grid, while accelerating metering and rural off-grid projects to improve supply reliability and expand electricity access
Natural gas will play “minor but significant” role in Africa’s energy transition, says report
A report published by the Atlantic Council suggests ways to accelerate the pace of electrification by utilising the continent’s natural gas resources.
Nigeria to deny licence renewal to underperforming power distributors in 2028
Nigeria’s Minister of Power, Adebayo Adelabu, has said that electricity distribution companies failing to meet performance benchmarks will not have their operating licences renewed when they expire in 2028
Mauritania seeks consultancy to accelerate rural mini-grid rollout
The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) has launched a call for consulting firms to support the preparation and development of green mini-grids in rural Mauritania.
Nigeria seeks $2bn China Eximbank loan to build super grid
Nigeria is negotiating a $2bn facility with China’s Export-Import Bank to finance a national “super grid” aimed at easing chronic power shortages
Nigeria’s president approves $2.6bn bond to clear GenCos’ debts
President Bola Tinubu has approved a NGN4 trillion ($2.6bn) bond to settle long-standing debts owed to power producers and gas suppliers, aiming to inject liquidity into Nigeria’s electricity sector.
Kenya Power profit falls 18.7% to $187mn as shilling stability erodes forex gains
Kenya Power said FY2025 profit dropped nearly 19% y/y, as lower tariffs and the reversal of unrealised forex gains outweighed efficiency gains and cost cuts. A stable shilling reduced power-purchase costs but trimmed forex-related revenue.
South Africa’s biggest power union demands 15% pay rise ahead of Eskom talks
South Africa’s National Union of Mineworkers (NUM) has demanded a 15% wage increase from state-owned utility Eskom, far above inflation and potentially reviving tensions last seen during the 2022 strike crisis.
Kenya’s NECC orders new environmental, social impact assessment for GDC's Menengai geothermal project
The National Environmental Complaints Committee (NECC) has ordered the Geothermal Development Company (GDC) to carry out a new Environmental and Social Impact Assessment (ESIA) for drilling and exploration at Menengai in Nakuru County
Discovery Green to supply 290 GWh of clean power to Glencore’s South African mines
Glencore has signed a 20-year renewable energy agreement with Discovery Green to power its South Africa coal mines from 2027, marking one of the country’s largest private clean-power deals, aligning with mining-sector decarbonisation trends.
Northern Ghana power utility cuts losses as NEDCO tightens revenue drive
The Northern Electricity Distribution Company (NEDCo) has slashed its distribution losses in Tamale from 57% in January 2025 to 47% by September, marking a major milestone in its revenue mobilisation effort.
Nigeria's Ogun partners with Chinese firm for 3MW airport plant and new industrial park
Nigeria’s Ogun State has agreed a partnership with Jiangsu-based CteeC to install a 3MW power plant at Gateway International Cargo Airport and co-develop an industrial park, while also exploring investments in state transmission and distribution
Mauritania signs $300mn IPP deal for hybrid solar–wind project
Mauritania has signed its first independent power producer (IPP) deal — a $300mn agreement with Ewa Green Energy to build a hybrid solar–wind plant under the African Development Bank’s Desert to Power initiative
Egypt’s power export dues reach $320mn, says government official
The Egyptian government is currently facing delayed payments of around $320mn as of July 2025 for electricity exports to neighbouring countries Libya, Jordan, and Sudan
African Development Bank signs $144.7mn deal with Niger to boost energy access
The AfDB said the financing deal with Niger aims to boost competitiveness and resilience in one of West Africa’s least electrified economies.
Leo Lithium to sell TPSF, return $216mn to shareholders from Goulamina proceeds amid Firefinch dispute
AAAS Energy, ChillMine Corp agree to build Botswana data centre campus
A Netherlands-based energy developer, AAAS Energy (AAAS), and an American data centre provider, ChillMine Corp. (ChillMine), have signed a memorandum of understanding (MoU) to jointly develop a new data centre campus in Botswana.
Zambia's ZCCM-IH to invest $9mn in 100-MW solar farm
Zambian state-owned ZCCM Investment Holdings (ZCCM-IH) has said it will secure a 35% stake in a 100-megawatt (MW) solar farm, which will be built south of the country.
Ghana launches $5mn solar irrigation project with Korean backing
Ghana has broken ground on a $5mn solar-powered irrigation project aimed at boosting food security and accelerating its green energy transition.
Tlou Energy posts $4.8mn loss, nears first revenues as Lesedi power project in Botswana advances
Tlou Energy reported a $4.8mn loss in its 2025 annual report but highlighted major progress at its Lesedi project in Botswana, including near-complete transmission and substation works.
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